Traders are now being challenged by a Reverse Bidding Auction Website

22 December 2015 09:00

FOR IMMEDIATE RELEASE

www.YouKwoteMe.com is a website aimed at revolutionising the industry with a new way to get quotes. All operated online includes reverse auction, a Contract, a combination of text, photos and videos, case resolution centre, blocking and approved trader list, change requests and daily diary logs.

YouKwoteMe allows people to post work they need doing online, with builders and other experts bidding for the projects.

As part of the innovation, users can choose to either allow all traders to bid, only approved traders to bid or for traders to submit realistic quotes for the job.

The CEO and founder of YouKwoteMe, said: “YouKwoteMe has also started to make an impact in the community by helping the local Scouts to build a website by connecting a web developer based in Norfolk to us. This wouldn't have been possible without using YouKwoteMe. There are many charity project on the pipeline for this year such as to convert a storage room to an office.
YouKwoteMe is easy to use and will save you time and money on your next project.
As a user, you simply post your job details online and simply wait for traders to place bids using the YouKwoteMe reverse auction system, or review bids as they have been submitted to later choose a trader by skill or qualification.
You can even pre-select specific traders or skills before the bidding actually takes place. With YouKwoteMe, you are in control and only you have the final say in who you hire."

Once a bid is accepted, a reverse bid auction begins with that amount as the starting value. After this ends, the user has 30 days to decide whether they go ahead with the work, at which point a YouKwoteMe contract is signed.

Other functions include traders and users being able to submit change requests, traders highlighting extra costs incurred and users changing the work deadline.

Both sides keep a daily diary log to record progress and payments made, as well as giving each other feedback once the work has been completed.

If there is a dispute between parties then a 30-day allowance is given to reach a deal. If this lapses, the YouKwoteMe disputes resolution centre team steps in to mediate the issue.

YouKwoteMe are carrying out periodical competencies and credit checks to traders. Those approved are awarded with the YouKwoteMe approved trader stamp.

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About YouKwoteMe

I tend to compare YouKwoteMe to eBay, Shiply, UShip on the way we perceive and we sell everything now, but looking back, where did use to sell what was no longer needed? Well we use to sell only things that was worth the time and effort spent.
So now think about what do you do now each time you need work to be done at home or business, you need to search for a Trader online, yellow pages, news papers... from there you need to call them and try to describe what you want to be done where most of the times you will be also faced with all sorts of situations such as noisy background, no attention, no answer, no reply and facing difficult questions. Thereafter you schedule bookings, or try to, where you realise that only a few Traders will turn-up, you will be faced with all sorts of reactions, questions to other things. Only e few will be sending a quote or ask to view again and you are going to find out that the quotes have different values as the results of some builders having included items and the others not. Very confusing and time consuming process.
With YouKwoteMe the only thing people have to do is to post their work online and builders will reverse bid on their job all online. There are 3 types of jobs that User can choose from, reverse bid where all traders without restrictions, the other option is reverse bid but traders will have to be approved by the user before bidding, and the other option is to submit Kwotes where traders submit kwotes to the user. If the User do not know how much will cost to do a job there can request for the starting bid to be submitted by traders first which as soon as one is accepted this will be the starting bidding value for the revers bid. During the auction, Traders can ask questions and user answer them online on the job in detail page, and traders can book appointments to see the job all via YouKwoteMe without the ned to disclose contact details. When the auction has ended, the user has 30 days to decide if they want to go ahead with the work and maintain the kwote, if they do, both will be bonded with the YouKwoteMe contract which includes any information that has been agreed and published during the auction, both are asked to do a daily diary log where they record progress with text and pictures and documents, mark payments made and received, also during this time Traders and Users can submit change requests which is a simple process where a request is submitted which highlights the important facts such as extra cost and/or time. Once the job is marked as completed from both they will then give feedback to each other. And the job is archived. In the event of having a dispute, both can raise one at any time, once one is raised a 30 days allowance is made for both to reach a deal, if one of the parties or the 30days lapsed is the time where YouKwoteMe team act in trying to understand and solve the problem. If we cannot solve it, it is then passed on to the relevant identities such as small claim court. Also it is worth notting that if a dispute is raised both profiles are being marked as having a dispute case open which increases the likelihood of being rejected for bids if wanting to bid on other jobs.
We are working in partnering with a Home Improvement insurance company which are doing a credit check to 100% of our traders, if the check is ok and the documentation provided is ok and they have a valid CSCS card this is when they are awarded with the YouKwoteMe approved trader stamp.